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Jul 24, 2013
07/13
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the obama administration has pushed for tough new sanctions against iran because of that country's efforts to produce nuclear weapons. but as lesley stahl reported in 2010, iran is having no problems getting high tech materials and components through under-the-radar middlemen who run small trading companies around the world, some based in cities right here in the united states. >> are you a procurement agent for iran? >> [chortles] no, that's ridiculous. no. >> but of course that's sort of the implication of the case against you. >> i'm nothing to do with iranian government or things like that at all. >> mohammad vaghari, mitch to his friends, an iranian who's lived in the united states for 15 years, is facing up to 85 years in prison. he and his lawyers are preparing for his trial on charges that he conspired to send u.s. technology to iran through a trading company he set up in his basement apartment in philadelphia. you are charged with trying to buy a centrifuge that could be used to make biological weapons, like anthrax. >> i don't know about that. i'm not a biological expert to tell,
the obama administration has pushed for tough new sanctions against iran because of that country's efforts to produce nuclear weapons. but as lesley stahl reported in 2010, iran is having no problems getting high tech materials and components through under-the-radar middlemen who run small trading companies around the world, some based in cities right here in the united states. >> are you a procurement agent for iran? >> [chortles] no, that's ridiculous. no. >> but of course...
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Dec 21, 2013
12/13
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and as of three weeks ago, the obama administration hadn't even built the i.t. systems to actually pay the insurers. so we don't actually know how many people are actually enrolled. it's probably about 10% based on our sources. as 10% of the people who've actually signed up or selected a marketplace plan, as the government is talking about, have actually paid. so these million figures, it's not really enrollments. more like 100,000 people are enrolled but -- >> that's the thing. just to wind this up. as i understood it in the last week or two, hhs is telling the big insurance companies we want you to cover them. we want you to cover these people. even though they may not be enrolled, even though they may have only had a partial payment, though they may have had no payment at all. the white house is saying we want you to cover them. somehow we'll make it up to you. avik, i don't see how you do that. i don't see how you do that. >> insurers are pulling their hair out because they're going to have to take a -- as the premiums go up or expenditures on the sick or ol
and as of three weeks ago, the obama administration hadn't even built the i.t. systems to actually pay the insurers. so we don't actually know how many people are actually enrolled. it's probably about 10% based on our sources. as 10% of the people who've actually signed up or selected a marketplace plan, as the government is talking about, have actually paid. so these million figures, it's not really enrollments. more like 100,000 people are enrolled but -- >> that's the thing. just to...
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Nov 14, 2013
11/13
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i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's testifying in front of the senate for her nomination, but her testimony was released late this afternoon and it indicates steady as did you stimulus, no reduction in bond buying. >>> and vice president dick cheney joins us from a one-on-one interview. we'll get his take on obama care, the in fighting among republicans, and his amazing heart transplant story. all those and much more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we are live in washington, d.c., 7:00 eastern time, 4:00 pacific care. the federal government releases the shocking and
i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's...
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Dec 20, 2013
12/13
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the whole question for the obama administration going into 2014 now they appear to have gotten at least the worse of the bad piece of the healthcare.gov rollout behind them is how can they start to turn that around. where can they take opportunities to take advantage of this sort of mini-era of good feelings that we have in washington with the bipartisan budget deal that's gone through over the past week and a little bit of the thawing of the tensions of the two political party toss get some progress early into next year. that's a big unanswered question. they're going to have to think about that as they go off for a week's vacation here in hawaii. >> we are waiting for the president. should be momentarily. eamon, a stock market at record highs. great gdp number today. jobs unemployment has come down. i know the press will ask him what they want to know but if you're the president, you've got to hammer these points, right? you're going to take every answer and say, look at gdp, look at the stock market. >> yes, but. the president definitely wants to tout the economic successes he's had
the whole question for the obama administration going into 2014 now they appear to have gotten at least the worse of the bad piece of the healthcare.gov rollout behind them is how can they start to turn that around. where can they take opportunities to take advantage of this sort of mini-era of good feelings that we have in washington with the bipartisan budget deal that's gone through over the past week and a little bit of the thawing of the tensions of the two political party toss get some...
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Feb 26, 2014
02/14
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we try to tax money everywhere and the obama administration wants to increase taxes. it's two very different views. >> let me change gears. you had a great piece in the "new york times," yes, the wealthy can be deserving. and you were kind of mocking this inequality debate. why are we -- why is inequality so important? if we -- let's take energy, greg, for a second. you create a lot of millionaires, people are leasing their land and getting royalties but you're also creating tens of thousands of jobs, the field workers, the roust abouts. if the roust about makes $80,000 and the land holder is a millionaire, there might be some equality but who cares? >> they don't mind the rich getting rich as long as two things are occurring, the rich are doing it in a way that's socially productive and creating something of value for the economy, and secondly, they pay their fair share of taxes. for the vast majority of rich people that's the case. what i was trying to argue in the times is that most rich people including ceos, actors, authors, most of these people are earning a lot
we try to tax money everywhere and the obama administration wants to increase taxes. it's two very different views. >> let me change gears. you had a great piece in the "new york times," yes, the wealthy can be deserving. and you were kind of mocking this inequality debate. why are we -- why is inequality so important? if we -- let's take energy, greg, for a second. you create a lot of millionaires, people are leasing their land and getting royalties but you're also creating...
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Dec 10, 2013
12/13
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administration expressed tsh in before. they do hit things we are waiting to see whether or not there is any sort of agreement. democrats made that last minute demand. we don't think it will be part of this deal. we may get an agreement to vote on a short term extension. the congress should do by the end of next week with something good to tell their constituents. >> appreciate it. a budget deal will be announced. i want to pull this back into the taper. part of that is the notion that there will be a budget deal. does that increase the odds in your view? >> it's amazing how the stars -- maybe it's not amazing. >> the job's numbers are better. the deal comes through. >> it's all coming together. >> the fed could not do anything. >> this is great news. the two brain cells part of this is i think this is the next leg up. if you get corporations to start to believe, that is how this economy will heal. that's what we need. group one, automotive. joins us. >> thank you. good to be here. >> given your experience with gm and famil
administration expressed tsh in before. they do hit things we are waiting to see whether or not there is any sort of agreement. democrats made that last minute demand. we don't think it will be part of this deal. we may get an agreement to vote on a short term extension. the congress should do by the end of next week with something good to tell their constituents. >> appreciate it. a budget deal will be announced. i want to pull this back into the taper. part of that is the notion that...
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Dec 17, 2013
12/13
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and the obama administration has objected to these measures because they actually actively don't want the navigators to have that basic knowledge because, again, their only concern is political. it's to enroll as many people as possible and correct the mistakes, quote/unquote, later on because they're worried about the vulnerability of the law. they're not worried, actually, if there's some eggs broken along the way in terms of people getting fined by the irs. it is really a shame. >> this has become so partisan and political. if people are worried about navigators, go by yourself to healthcare.gov alone. >> this isn't partisan. 13 attorneys generals have written the administration asking for help. >> my understanding is a whole lot of people have gone to the website without much luck. >> no, guess what, december 1st and december 2nd, the first two days of december had as many enrollments as the month of november. >> what i would call off a low base. carrie wofford. we appreciate your efforts at defense. kurt bardella, thank you. >>> the dow rallies 129 points today, ahead of today's
and the obama administration has objected to these measures because they actually actively don't want the navigators to have that basic knowledge because, again, their only concern is political. it's to enroll as many people as possible and correct the mistakes, quote/unquote, later on because they're worried about the vulnerability of the law. they're not worried, actually, if there's some eggs broken along the way in terms of people getting fined by the irs. it is really a shame. >>...
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May 15, 2013
05/13
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why would the obama administration do that? >> we're hearing that's going to be one of their thrusts. >> by mistake? >> when you talk about japanese stocks, we had kyle bass on cnbc earlier this year and he said buying the nikkei and buying japanese stocks is basically like picking up dimes in front of a bulldozer. do you agree with that? >> no, i don't. >> japan's the second largest market cap collector, the third largest economy. they've got a demographic problem, no doubt. but lots of great companies. they've got companies that aren't expensive at this point. it was a wildly depressed market for a long period of time. and they've got a central bank that is trying a quantitative easing program four times the size of ours. and if you look at the playbook of u.s. quantitative easing and move it to the japanese story, dividend stocks are going to do well there. the exporters with dollar/yen moving from now 102, by the end of the year, 115, 120. >> given we have -- you talked about the exports doing well there. you've got weaknes
why would the obama administration do that? >> we're hearing that's going to be one of their thrusts. >> by mistake? >> when you talk about japanese stocks, we had kyle bass on cnbc earlier this year and he said buying the nikkei and buying japanese stocks is basically like picking up dimes in front of a bulldozer. do you agree with that? >> no, i don't. >> japan's the second largest market cap collector, the third largest economy. they've got a demographic...
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Dec 20, 2013
12/13
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the obama administration really think this is the best way to get the youth vote? i mean, just by seeing the targeting us with such superficial advertisements, we really see how the obama administration views the youth. i mean, then again, this is the same administration that thought they could get youth votes by running lina durnham talking about her losing her virginity on one of the ads. he's concerned about plummeting ratings and the youth coalition. >> the numbers are really lousy. i'm going to go to you and ask you the same question. let's see. the latest pew poll has young millennials, 41% approve of obamacare. 54% disapprove of obamacare. i think that's pretty similar to when we last talked about this a couple weeks ago. "a," what did you think of this goof ball ad? is ting go to help or hurt? "b," has anything changed regarding the so-called youth signup for obama care? >> yeah, sure. so, you know, we talked a couple weeks ago. it was a lot of fun. in this time, you know, i want to think that it's crazy around christmastime, organizing for action, ofa, is
the obama administration really think this is the best way to get the youth vote? i mean, just by seeing the targeting us with such superficial advertisements, we really see how the obama administration views the youth. i mean, then again, this is the same administration that thought they could get youth votes by running lina durnham talking about her losing her virginity on one of the ads. he's concerned about plummeting ratings and the youth coalition. >> the numbers are really lousy....
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Jun 7, 2013
06/13
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>> well, senator barasso is right, that is the challenge of the rollout of obama care and the obama administration is strongly focused on that, both on the outside efforts linked to supporters of obama care but also the administration. they know that getting young healthy people to enroll in the system and not take the penalty is critical to keeping premiums reasonable. and we just don't know yet whether the target is 7 million people nationwide on the exchanges of the young healthy target population, you don't know the answer yet. >> john, stay where you are, we're going to squeeze in a quick break and we'll be live with the president from california with a dow up 177 points. lf. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. [ male ann
>> well, senator barasso is right, that is the challenge of the rollout of obama care and the obama administration is strongly focused on that, both on the outside efforts linked to supporters of obama care but also the administration. they know that getting young healthy people to enroll in the system and not take the penalty is critical to keeping premiums reasonable. and we just don't know yet whether the target is 7 million people nationwide on the exchanges of the young healthy...
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Nov 7, 2013
11/13
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the obama administration says, we'll foot the bill. we'll front run you for that money for the next, i don't know, four, five years. i take it you didn't want to get involved with that. so i ask you, what do you do with the poor people that need to go on medicaid? >> first of all, i don't think you in your heart of hearts, and i certainly don't, believe that money is going to be there forever. sooner or later our congress, our house, is not going to fund all the money that's required under obama care. now, to answer your question, that's why in texas over the last eight or nine years i've been working on free market alternatives to obama care. so we have passed huge important bills for texas in which texas is providing a safe harbor under anti-trust law to permit doctors and hospitals to come together to have incentives for better -- for better health outcomes, following best practices, and keeping patients well. and we have -- we know the model from the cleveland clinic and from mayo, and it works. and so that model will permit us to
the obama administration says, we'll foot the bill. we'll front run you for that money for the next, i don't know, four, five years. i take it you didn't want to get involved with that. so i ask you, what do you do with the poor people that need to go on medicaid? >> first of all, i don't think you in your heart of hearts, and i certainly don't, believe that money is going to be there forever. sooner or later our congress, our house, is not going to fund all the money that's required...
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Oct 23, 2013
10/13
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the saudis have broken with the obama administration because of iran. not because of syria, but because of iran. the saudis have been saying very clearly to the president for years that iran is a profound threat. he has turned his back on them. they even believe he has betrayed them to make peace with iran. this is at very sharp move. >> michael rubin, put yourself in the white house now. do you think president obama understands the kind of power, relationships that john batchelor just talked about? does he get it? >> i don't believe he does get it. it's hard to think that he would proceed with the policies he is proceeding with in the way he is doing if he truly understood the situation. under his administration, the united states has developed a troubling reputation for coddling adversaries and treating allies with disdain. the saudis, the egyptians, the israelis are all asking what is the value of being an ally of the united states at this point if this is the way the white house treats us. >> so, john, what if prince bandar, maybe it's already happe
the saudis have broken with the obama administration because of iran. not because of syria, but because of iran. the saudis have been saying very clearly to the president for years that iran is a profound threat. he has turned his back on them. they even believe he has betrayed them to make peace with iran. this is at very sharp move. >> michael rubin, put yourself in the white house now. do you think president obama understands the kind of power, relationships that john batchelor just...
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Aug 16, 2013
08/13
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so i don't know whether the obama administration may do that. i think people would find it acceptable if they say, listen, you really have to get your act together here. but right now, frankly, there is not a lot of, i don't have a lot of confidence that that is happening. >> would you invest in munis? >> i'm intrigued. mun is in general? >> yes. >> i think aside of detroit, 49 of 50 states have balanced bucket amendmentsment state and local governments are going to increase spending next year. >> up 4%. >> next year. i actually like -- so they're going to actually offset some of the sequestration and some of the weakness from the federal spending cuts. so i like munis in general. buying detroit munis is another -- >> it was an area of the market that sold off the last time we had this vicious move higher in rates. now, if you take that equation along with the detroit circumstance it taik makes it a little more murky. a lot viewed the last sell-off as a great buying opportunity. >> it was. there will be buying opportunities and sell-offs. it's h
so i don't know whether the obama administration may do that. i think people would find it acceptable if they say, listen, you really have to get your act together here. but right now, frankly, there is not a lot of, i don't have a lot of confidence that that is happening. >> would you invest in munis? >> i'm intrigued. mun is in general? >> yes. >> i think aside of detroit, 49 of 50 states have balanced bucket amendmentsment state and local governments are going to...
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Oct 8, 2013
10/13
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no change at all when they say they want the obama administration to sit down and discussion with them the debt ceiling. and you also heard what should happen with secretary sebelius again about the flaws of obama care on the roll out. clearly focus here on debt and deficits but also on obama care and republicans making the point that the rollout has been something far from smooth here. >> is it fair to say that opinion polls clearly suggest that republicans are bearing the brunt of the blame for the shutdown but it's not as one-sided as it was in '95 and '96, something that might concern democrats of the state? >> we saw president clinton getting a huge advantage out of that. we are seeing republicans taking more of the blame here but president obama does not have the margin that president clinton had back then. clearly a little dicier here. >> let's get some market reaction. guy, good morning. >> good morning. >> the reason we've got you here is alcoa reports results today, earnings season getting under way more or less. we have a couple of big banks at the eastbound of the week. so
no change at all when they say they want the obama administration to sit down and discussion with them the debt ceiling. and you also heard what should happen with secretary sebelius again about the flaws of obama care on the roll out. clearly focus here on debt and deficits but also on obama care and republicans making the point that the rollout has been something far from smooth here. >> is it fair to say that opinion polls clearly suggest that republicans are bearing the brunt of the...
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Dec 10, 2013
12/13
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sometimes i get frustrated with the obama administration on the labor day when they get the number, we get that friday, i say why can't you help people get there and they always say we like all forms of energy, solar. total -- never responsive to what i ask but i'm a polite fella. >> the minimum wage discussion where to raise it. >> $2 $27 at the mcdonald's. >> signing bonuses, $27 an hour. they said they would -- all the male employees are willing to shave -- i don't know if they polled them. some had fine locks and grow the goatee. >> i like that concept. the concept. >> that's a terrific idea. and i do want to go to eagleford if they would shave their heads there because we've been to williston. this is america at its best. where the opportunity is. we have seen people my executive producer recently talked about a letter we got about someone who watched our williston program, moved there from california, where they didn't have a job, sounds like your dad's situation, the opportunity comes, and then you take it, the opportunities are there but we don't have great mobility in this cou
sometimes i get frustrated with the obama administration on the labor day when they get the number, we get that friday, i say why can't you help people get there and they always say we like all forms of energy, solar. total -- never responsive to what i ask but i'm a polite fella. >> the minimum wage discussion where to raise it. >> $2 $27 at the mcdonald's. >> signing bonuses, $27 an hour. they said they would -- all the male employees are willing to shave -- i don't know if...
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Nov 22, 2013
11/13
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because of the problems we have seen on the federal marketplace, the obama administration today says they'll give people an extra week to sign up for coverage beginning january 1st, extending from december 15th to sign up to december 23rd. that will make a tight turn-around for insurers. nonetheless, they think it will give people a lot more time. they say november 30th they expect to have capacity on the federal marketplace. to be at least 800,000 people a day. they'll be able to accommodate that many users a day. they say it won't be a magic moment. they're going to continue to need to make repairs. at the same time, because of the problems this year, the administration is also extending and pushing back the beginning of open enrollment next year by a month to november 15th to give insurers more time to come up with their rates. one industry insiders also notes november 15th is one week after the 2014 midterm elections. maria, back to you. i just want to say, it has been a privilege and a pleasure to be your colleague. >> thank you so much, bertha. right back at you. it's my privil
because of the problems we have seen on the federal marketplace, the obama administration today says they'll give people an extra week to sign up for coverage beginning january 1st, extending from december 15th to sign up to december 23rd. that will make a tight turn-around for insurers. nonetheless, they think it will give people a lot more time. they say november 30th they expect to have capacity on the federal marketplace. to be at least 800,000 people a day. they'll be able to accommodate...
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Jul 23, 2013
07/13
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in the obama administration working in the white house, he became a very big spender and big fiscal liberal. will the real summers please stand up. what do you think, peter? >> i think the administration really wants larry summers. he may be a great leader but there might not be that many followers. he may have a hard time with the federal open market committee. they may not really want this. i think they're more pushing towards janet yellen. >> i remember a guy who was very prickley, didn't have a million friends but was very effective. his name was paul volcker. i was in the reagan white house when volcker was slaying inflation. i'm just trying to figure out what he would stand for because he has different opinions between the clinton years and the obama years. >> yes. and i think that he will lean towards that leadership. my guess would be that he would lean towards what obama would put him in that position for. but i think that appointment would be very controversial in the market if not among other members of the fomc. i recognize that you say that there have been other prickley leader
in the obama administration working in the white house, he became a very big spender and big fiscal liberal. will the real summers please stand up. what do you think, peter? >> i think the administration really wants larry summers. he may be a great leader but there might not be that many followers. he may have a hard time with the federal open market committee. they may not really want this. i think they're more pushing towards janet yellen. >> i remember a guy who was very...
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Dec 20, 2013
12/13
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the administration is making a last-minute policy shift to obama care. it's a hard-ship exemption that will allow for catastrophic exemption plans to those with canceled plans. >>> plus, the president is expected to hold a news conference at the top of the hour. that of course you will see in its entirety on "street signs" straight ahead 2:00 p.m. eastern time. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. ♪ ♪ so you can get out of your element. so you can explore a new frontier and a different discipline. get two times the points on travel a
the administration is making a last-minute policy shift to obama care. it's a hard-ship exemption that will allow for catastrophic exemption plans to those with canceled plans. >>> plus, the president is expected to hold a news conference at the top of the hour. that of course you will see in its entirety on "street signs" straight ahead 2:00 p.m. eastern time. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#:...
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Dec 19, 2013
12/13
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the obama administration said it will announce what changes it will actually make. also late today, a federal jury found former s.a.c. capital fund manager michael stein berg guilty. he faces a heavy prison term when sentenced this spring. legal experts believe this will increase pressure on matthew martoma, another former manager to finally cooperate with prosecutors and help them go after steven cohen. >>> we know one of the winners of last night's massive $648 megamillions drawing, a stone mountain, georgia woman claimed the prize late today. she is described only as a married mom. her half of the cash option comes to $173 million before taxes. >> wow, many thanks, morgan brennan. >>> just one thing quickly editorializing. i think the nsa's snooping and spying program needs to be changed, no question about that. if i'm not mistaken, and i could be wrong, this cannot be done as an arbitrary executive regulation, because it is part of the p.a.t.r.i.o.t. act, and it's cot filled in law. my guess is if you're going to change this, go back to congress, hold the hearin
the obama administration said it will announce what changes it will actually make. also late today, a federal jury found former s.a.c. capital fund manager michael stein berg guilty. he faces a heavy prison term when sentenced this spring. legal experts believe this will increase pressure on matthew martoma, another former manager to finally cooperate with prosecutors and help them go after steven cohen. >>> we know one of the winners of last night's massive $648 megamillions drawing,...
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Oct 17, 2012
10/12
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the two fighting the obama administration what they consider its war on coal. last summer, dominion opened the first clean coal power station in the heart of virginia's clean coal mining country. a $1.8 billion facility that was four years in the make. >> coal is a hugely abundant source of energy in the united states and hugely abundant for the state of virginia and a very important player. we feel like it's going to be there for quite a while. >> reporter: whenever mitt romney is here in virginia, and he's back here again today, he never misses an opportunity to talk about the merits of clean coal. >> when the president ran for office, he said, if you build a coal plant, you can go ahead, but you'll go bankrupt. that's not the right course for america. >> governor, when you were governor of massachusetts, you stood in front of a coal plant and pointed at it and said, this plant kills and took great pride in shutting it down. and now suddenly you're a big champion of coal. >> reporter: and the reality here on the ground, especially for alpha natural resources,
the two fighting the obama administration what they consider its war on coal. last summer, dominion opened the first clean coal power station in the heart of virginia's clean coal mining country. a $1.8 billion facility that was four years in the make. >> coal is a hugely abundant source of energy in the united states and hugely abundant for the state of virginia and a very important player. we feel like it's going to be there for quite a while. >> reporter: whenever mitt romney is...
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Jun 10, 2013
06/13
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administrations and mark, a former fbi agent. gentlemen, thank you so much for being with us. ben, i'll start with you, because i know you worked with several agencies at which you've needed to type of security clearance. "the new york times" said booze itself 25,000 employees, half of those have the top-level clearance. how many people are we talking in this top level of clearance, and what type of information do they have access to? >> well, thanks, kayla, and thanks, bill. that's a good place to start. that's the big picture. there are 4.8 million americans that have security clearances that work across the government and across the military. as i understand it, as of the last year or so, about 1.1 million of those are contractors. let's keep in mind that whatever american receives a security clearance, it's because of the nature of their work, and they are bound by law to certain obligations and responsibilities given the level of their security clearance. being someone that had a ts security clearance, as this fellow may hav
administrations and mark, a former fbi agent. gentlemen, thank you so much for being with us. ben, i'll start with you, because i know you worked with several agencies at which you've needed to type of security clearance. "the new york times" said booze itself 25,000 employees, half of those have the top-level clearance. how many people are we talking in this top level of clearance, and what type of information do they have access to? >> well, thanks, kayla, and thanks, bill....
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Mar 24, 2014
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this comes on the same day that the obama administration is approving more natural gas imports. >>> and the missing flight 370 jetliner must have crashed in the indian ocean, no survivor. but the search has intensified over the last few hours. >>> tonight, eric cantor joins us as he's making news on capitol hill and we have those stories and much more coming up on "the kudlow report." we begin right now. welcome back. i'm larry kudlow. we're live here at 7:00 p.m. eastern, 4:00 p.m. pacific. the prime minister of malaysia announces what we all have feared, flight 370 went down in the indian ocean. >> good evening, larry. this is devastating news. it was expected but stunning to many. they received the news, many of them via text messages. and we're told that no one on board survived. this place is described as literally the end of the earth. over 1500 miles away from perth, australia. apparently flight 370 has been sending an hourly ping to inmarsat satellites even though their system was shut off and that's how officials were able to determine the new location. the malaysia prime minis
this comes on the same day that the obama administration is approving more natural gas imports. >>> and the missing flight 370 jetliner must have crashed in the indian ocean, no survivor. but the search has intensified over the last few hours. >>> tonight, eric cantor joins us as he's making news on capitol hill and we have those stories and much more coming up on "the kudlow report." we begin right now. welcome back. i'm larry kudlow. we're live here at 7:00 p.m....
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it depends on what you think the obama administration is going to do. what they did in regulation doesn't look like it's legal. it seems to conflict with the statute. >> caroline, people are talking about a bailout and they don't like the bailout. cbo is saying it's a bail-in. which is it going to be? >> we'll have to see. cbo is basing it on the medicare program where in fact risk corridors could be revenue generating. >> what do you make of the regulation? what do you think the administration is saying? >> when has that ever happened, though? >> in the history of the planet. >> in the history of the planet earth. all right. thanks to all of you. dr. scott gottlieb, caroline pearson, thank you very much. >>> another winter storm. a live report on the latest blast of cold and snow and what it's expected to do to travel and business. probably the stock market, too, over much of the country. next up on "kudlow." here's a word you should keep in mind "unbiased". some brokerage firms are but way too many aren't. why? because selling their funds makes them m
it depends on what you think the obama administration is going to do. what they did in regulation doesn't look like it's legal. it seems to conflict with the statute. >> caroline, people are talking about a bailout and they don't like the bailout. cbo is saying it's a bail-in. which is it going to be? >> we'll have to see. cbo is basing it on the medicare program where in fact risk corridors could be revenue generating. >> what do you make of the regulation? what do you think...
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Nov 13, 2013
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it's been a tough hearing up here on capitol hill for the obama administration officials here testifying, testy at times within the committee hearing room. members of congress fighting about who gets to ask which question, who's insulted who's staff. but one of the key questions they keep coming back to over and over again is exactly how long is it going to take to fix healthcare.gov and will the administration be able to hit the november 30th deadline it has publicly set for itself. the administration officials haven't been able to give a good answer to that question today. take a listen to things exchange. >> are we going to hit november 30th? >> thank you for the question. thank you for your kind words at the beginning as well. so the goal that has been laid out is for the site not to be perfect by the end of november -- >> functional, people can log on? >> so that vast majority of americans will be able to use the site smoothly. that's the goal we're gunning for and working very hard to get there. >> that's about what they've said. is that the goal we're working hard to get there, bu
it's been a tough hearing up here on capitol hill for the obama administration officials here testifying, testy at times within the committee hearing room. members of congress fighting about who gets to ask which question, who's insulted who's staff. but one of the key questions they keep coming back to over and over again is exactly how long is it going to take to fix healthcare.gov and will the administration be able to hit the november 30th deadline it has publicly set for itself. the...
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Aug 5, 2013
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embassies amid what the obama administration calls serious and credible threats by al qaeda. diplomatic facilities will remain closed in many of the countries you see right there throughout the middle east and africa until at least august 10th. >>> the global travel alert coming at the same time as a global travel conference is taking place in san diego. jane wells is there live. jane, how is the global industry taking all this in? >> well, they are sort of processing it today, this is the global business travel association meeting, 400 companies and 7,000 people, all of whom are getting used to traveling in a more dangerous world. >> business travelers have become much more accustomed to it, and in a global economy you know that you do have a higher risk profile than maybe in years past, but it's a fact of life, and we all deal with it. >> so he says companies are detailing products which help you track and redirect traveling employees to safety concur which manages travel bookings and expenses for companies and report a 23% revenue growth last week. it's introducing a new b
embassies amid what the obama administration calls serious and credible threats by al qaeda. diplomatic facilities will remain closed in many of the countries you see right there throughout the middle east and africa until at least august 10th. >>> the global travel alert coming at the same time as a global travel conference is taking place in san diego. jane wells is there live. jane, how is the global industry taking all this in? >> well, they are sort of processing it today,...
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Nov 8, 2013
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and so important to his administration could have gone so wrong. chuck todd joins us now from washington with much more. first of all, welcome back. you're great do this. we appreciate it. congrats on the interview. let me just dive right into what has to be a key spot. does he, president obama, believe that he broke his promise, if you like your insurance, if you like your doctor, you can keep him? do you see the damage he did politically? >> i think the whole poents poi why he decided to sit down to the interview is because they know they're taking on political water for what it's worth. many of the conversations i've had with aides and even outside advisers, it's clear they can read polls, they saw the "wall street journal" poll when he hidden in an all-time low and this whole issue of credibility. so i think they realize that that issue and that's why you heard him -- there was no pointing fingers at the insurance company. he didn't throw sebelius under the bus. everything -- at the end of the day, everything always was i'm sorry that folks fel
and so important to his administration could have gone so wrong. chuck todd joins us now from washington with much more. first of all, welcome back. you're great do this. we appreciate it. congrats on the interview. let me just dive right into what has to be a key spot. does he, president obama, believe that he broke his promise, if you like your insurance, if you like your doctor, you can keep him? do you see the damage he did politically? >> i think the whole poents poi why he decided...
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Nov 9, 2013
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to shift the focus away from his administration's botched obama care rollout. nbc's kristen welker joins us now. from the white house with all the details. kristen, thank you very much. good evening. what did you learn? >> reporter: larry, i think you hit it right on the head. the president trying to change the conversation today away from health care back to the economy. he was speaking at the port of new orleans, one of the biggest ports in the world. he talked about the importance of investing in infrastructure projects as a way to create jobs, talked about the importance of fixing roads, dredging ports and he also touted those job numbers that you were talking about at the top of your show, the fact that 204,000 jobs were created during the month of october, despite the government shutdown. but of course he couldn't help but to veer toward the subject of health care, the rocky rollout and particularly the glitches that continue to plague the health care website. take a listen to what he had to say. >> i promise you, nobody's been more frustrated -- i wanted
to shift the focus away from his administration's botched obama care rollout. nbc's kristen welker joins us now. from the white house with all the details. kristen, thank you very much. good evening. what did you learn? >> reporter: larry, i think you hit it right on the head. the president trying to change the conversation today away from health care back to the economy. he was speaking at the port of new orleans, one of the biggest ports in the world. he talked about the importance of...
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Apr 9, 2013
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. >> the goal of the obama administration -- goal of this president, is to raise the revenue base of the government to solve the problem long-term through taxes. he might give a few good things to us on the right in order to get that, but that's his -- >> such as. >> maybe modest entitlement reform, not enough. the tax reform issue, the question is will he allow the top rate, marginal rates he has been crusading to raise ever since he first started running for president, will he allow them to come down in the context of a revenue-raising tax -- >> so far the answer is no. so far he wants -- >> but if he will, i think that there is a chance. i don't think that jimmy is going to agree with me on that. i think there is a chance it could happen. >> i want to be fair. mr. hatch here? all right. we have mr. -- senator orrin hatch, ranking republican on the finance committee. good to see you, orrin. thank you very much for coming on. we sort of got a little head start against you. i was going to ask you this point, sir. look, i'm pretty skeptical about reforming the personal code. we just w
. >> the goal of the obama administration -- goal of this president, is to raise the revenue base of the government to solve the problem long-term through taxes. he might give a few good things to us on the right in order to get that, but that's his -- >> such as. >> maybe modest entitlement reform, not enough. the tax reform issue, the question is will he allow the top rate, marginal rates he has been crusading to raise ever since he first started running for president, will...
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Dec 18, 2013
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perhaps the obama administration was hoping for an image boost today with the vip tech meeting/photo op at the white house. meeting that was less about healthcare.gov and more about, well, i'm not sure exactly what. eamon javers joins us now from washington with the details on that closed-door gathering. eamon, once again, good evening. what were they talking about? >> well, larry, the top of the meeting we were told was about healthcare.gov, and then they did this transition after about 45 minutes in the room, the president and the vice president arrived for the meeting and the rest of the meeting, we're told, about two hours, was with those tech ceos. the ceo of google, facebook, twitter, yahoo! all in the room there for a meeting about the nsa spying scandal. the edward snowden disclosures. we're told the tech executives pushed for more transparency and they released a statement after the meeting saying they want the president to move aggressively on reforms here of nsa spying. the tech executives are caught in a very difficult spot here. their customers don't necessarily like t t
perhaps the obama administration was hoping for an image boost today with the vip tech meeting/photo op at the white house. meeting that was less about healthcare.gov and more about, well, i'm not sure exactly what. eamon javers joins us now from washington with the details on that closed-door gathering. eamon, once again, good evening. what were they talking about? >> well, larry, the top of the meeting we were told was about healthcare.gov, and then they did this transition after about...
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Jul 16, 2013
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administration has really come to an agreement that they won't mention it either. >> so what do you think should happen instead? >> well, i think our future is wrapped up with that of mexico. they are vitally important to our culture and to our economy. we have to have intimaeimate cooperation with them and that means resources. we're spending $10 million a month in afghanistan. in mexico the entire program to support them was $1.3 billion in three years, so there's been ined a quart attention and energy on the part of the united states to stay close to mexico. >> general mccaffrey, thank you so much for joining us. we really appreciate it. >> good to be with you, michelle. >> sue? >> well, michelle, almost five years after the financial crisis the culture of greed on wall street apparently is still thriving. some shocking details of a new study. that straight ahead. >>> plus, remember him? disgraced former imf chief dominique strauss-kahn? he's found a new job in, russia. it's all in the power rundown coming up next. y women's 50+ is a complete multivitamin designed for women's hea
administration has really come to an agreement that they won't mention it either. >> so what do you think should happen instead? >> well, i think our future is wrapped up with that of mexico. they are vitally important to our culture and to our economy. we have to have intimaeimate cooperation with them and that means resources. we're spending $10 million a month in afghanistan. in mexico the entire program to support them was $1.3 billion in three years, so there's been ined a...
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where is the transparency that obama promises at the beginning of the administration? and is this too a budding scandal? >>> later on, the white house says it still wants a grand budget deal. but all the president has is veto threats, and he's got this scandal-ridden atmosphere. you know what, a government shutdown after the summer may become more likely. and please don't forget, free market capitalism. it's the best path to prosperity. a free market tax system that puts away the corrupt irs. i'm kudlow. we'll be right back. [ male announcer ] frequent heartburn? the choice is yours. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. sparkly water and pure white sand might not get you off your couch, but there's not a creature on earth that can resist this. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can ev
where is the transparency that obama promises at the beginning of the administration? and is this too a budding scandal? >>> later on, the white house says it still wants a grand budget deal. but all the president has is veto threats, and he's got this scandal-ridden atmosphere. you know what, a government shutdown after the summer may become more likely. and please don't forget, free market capitalism. it's the best path to prosperity. a free market tax system that puts away the...
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she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the sechlt. c and how it governed regulation over financial markets. already folks looking at the legacy of shapiro. s.e.c. pointing out today that they've got a record number of enforcement actions in the past two years. 1,469, to be precise. also huge expanse of dodd-frank rule makings will be part of her legacy here. and response to the flash crash, another item that's going to be long lasting after she leaves this building on december 12 p. exchanges there forced to create an audit trail for the first time. financial historians will be digging through what mary shapiro's done for years to come. speculation that the president will nominate somebody to succeed her at some point after her full -- she succeeds mary shapi
she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the sechlt. c and how it governed regulation over financial markets. already folks looking at the legacy of shapiro. s.e.c....
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Jul 26, 2013
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this is another instance of having a failure coming out of the obama administration. you won't have the right fit for the job if it's based on gender. >> jessica, this is kind of the ultimate quintessential democratic interest group politics only the stakes are extremely high, federal reserve chairman. do you think that in fact the battle that's being described now between the women and the men over this is correct? do you think that's true? do you think that's going on? >> i don't think it's correct completely. i think gender is a part of it. you have a man versus a woman. it's always going to be a component and you have powerful women speaking out on it. beyond gender politics, this is about class warfare. you have larry summers, a vocal supporters of the glass ceiling act and on the other hand, you have janet yellen, who has been more dovish in policy preferences. to reduce it to gender is incredibly unfair. >> do you think this gender discussion is unfair? it sure looks like it's breaking out like hives all over the place. >> it's always going to be a component wh
this is another instance of having a failure coming out of the obama administration. you won't have the right fit for the job if it's based on gender. >> jessica, this is kind of the ultimate quintessential democratic interest group politics only the stakes are extremely high, federal reserve chairman. do you think that in fact the battle that's being described now between the women and the men over this is correct? do you think that's true? do you think that's going on? >> i don't...
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Jul 24, 2013
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to do this was the principal or the set of principals under which the clinton a administration did well, you invest in your middle class and grow the economy from the middle. what i heard the president say today, something interestingly that he has not had said as much as today, when so much of the gains go to the top, the large middle class and all those aspiring to join the middle class, do not have enough purchasing power to keep the economy going. he put it explicitly, and i think it's going to be a theme we hear again. >> that is a very static view. this is an interesting chart, let's put it on the screen. the this whole business about the middle class being damaged by the upper class. i have three lines on the chart. the top line is middle income salaries. $25,000 to $75,000. yes, since 1970, the top line is gradually falling. but guess what, the bottom line which is the lower income, $25,000 and less is flat. so you know what that tells me? the middle line, the green line that is $75,000 and over, is rising. tells me that in fact, middle class is shrinking because they are moving
to do this was the principal or the set of principals under which the clinton a administration did well, you invest in your middle class and grow the economy from the middle. what i heard the president say today, something interestingly that he has not had said as much as today, when so much of the gains go to the top, the large middle class and all those aspiring to join the middle class, do not have enough purchasing power to keep the economy going. he put it explicitly, and i think it's...
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Dec 30, 2013
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while that happens, the obama administration will grind along to the end next spring of signups for those troubled new health care exchanges that americans without insurance must buy from. even if enrollment comes up short of their 7 million person goal, white house allies will sign up enough young people to keep the exchanges financially viable for 2015. obamacare will still have health problems but will get the chance to survive and grow. by the fall the voters will go to the polls for another round of mid-term elections. with little faith in either party, they'll start no revolutions this time. republicans will hold their majority in the house, democrats will hold theirs in the senate and then the status quo will start limping along to 2016. >>> john joins us now from washington this morning. good morning, john. >> good morning. >> so, i just want to go back. can we go back to 2013 for a second because on the second question we had written that it was incomplete and i thought it was -- >> we gave him an x. >> we gave him an x. okay. where do you stand on that issue? i mean, what could
while that happens, the obama administration will grind along to the end next spring of signups for those troubled new health care exchanges that americans without insurance must buy from. even if enrollment comes up short of their 7 million person goal, white house allies will sign up enough young people to keep the exchanges financially viable for 2015. obamacare will still have health problems but will get the chance to survive and grow. by the fall the voters will go to the polls for...
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Apr 5, 2013
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this administration has done this before. but a lot of people who say social security, medicare are the most popular programs in the government, in america, even, you remember during obama care when obama care was trying to be sold, a lot of tea partiers showed up at rallies saying don't touch my medicare. well, the president is actually leading the charge now against social security medicare in the eyes of many people. >> you know i don't want to get into chain cpi but i did see the piece you did on your blog, nice explainer. thank you. can we blame any american right or left though for loving a program that will give them three to eight times every dollar that they pay in? >> no. >> it sounds good to me. >> well, it sounds very good. i think the real question here, aside from politics and apart from political tactics, is whether social security is really in a terrible state of affairs. social security, you know, the surpluses for years have been papering over budget deficits. the federal government has been using those surp
this administration has done this before. but a lot of people who say social security, medicare are the most popular programs in the government, in america, even, you remember during obama care when obama care was trying to be sold, a lot of tea partiers showed up at rallies saying don't touch my medicare. well, the president is actually leading the charge now against social security medicare in the eyes of many people. >> you know i don't want to get into chain cpi but i did see the...
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Apr 2, 2014
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also, the obama administration celebrating yesterday as the number of obamacare enrollment came in. the 7-million benchmark. >> last night the first open enrollment period under this law came to an end. and despite several lost weeks out of the gate because of problems with the website, 7.1 million americans have now signed up for private insurance plans through these marketplaces. 7.1. >> the new health care program overcame early technology failures that prevented people from signing up online. the white house numbers did not include information about enroll lees, including the ages of applicants. the first group represents a higher rate of older and of course costlier members than had been hoped. that could mean higher insurance premiums for people in many parts of the country. so time for the administration to celebrate, but we will see how much they'll be celebrating because there's still an open question. >> let's watch those 12 democratic senators that have been embracing obamacare so openly. there's 12 of them that have been running from it. now that 7 have signed up, let's
also, the obama administration celebrating yesterday as the number of obamacare enrollment came in. the 7-million benchmark. >> last night the first open enrollment period under this law came to an end. and despite several lost weeks out of the gate because of problems with the website, 7.1 million americans have now signed up for private insurance plans through these marketplaces. 7.1. >> the new health care program overcame early technology failures that prevented people from...
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Oct 8, 2013
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people like ezra clyne and jonathan cohn and jonathan chase have explained why you can't have obama care and all of the promises that were made. i think this administration needs to be nailed to the wall for lying to the american people. >> the premiums are lower than they had projected. >> they said, everybody, igor. >> charles, if you want to look at a 2007 campaign promise and compare it to that, you can do that. >> we have to go. >> nancy pelosi on "meet the press." >> charles and igor. now, we have to do some more stock market work. there was another big drop today unfortunately. the tech stocks took the worst of it. the question is, is it about the government shetdown or is it about the economy and profit worries. we'll ask our stock experts. please, stay with us. >> announcer: cnbc program is sponsored by american airlines. the new american is arriving. >>> welcome back to "the kudlow report." i'm jackie deangeles. the dow took a hit. the government shutdown drags on. it was the nasdaq taking the brunt of it today. the nasdaq is down 75 points or almost 2%. facebook, one of the bi
people like ezra clyne and jonathan cohn and jonathan chase have explained why you can't have obama care and all of the promises that were made. i think this administration needs to be nailed to the wall for lying to the american people. >> the premiums are lower than they had projected. >> they said, everybody, igor. >> charles, if you want to look at a 2007 campaign promise and compare it to that, you can do that. >> we have to go. >> nancy pelosi on "meet...
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Dec 9, 2013
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. >> you credit the obama administration for the auto sales for saving the auto sector? >> no. because frankly bush was the one who started to say the auto companies and was criticized for having done so. obama came in and continued it. >> i think it was two administrations working together. >> well, maybe. i'll give you that. but on the other hand, the automobile industry is vastly cyclical. none of you remember, but go back to the tesla story in the stock. you can't make it in the automotive industry. >> so nice of you to remember i don't remember that. >> i hope you don't but i do. not because it's not a good car, people say it is. but it takes so much money to plan in the automotive industry to live through the crashes. when you stop losing top line, it drops right to the bottom and costs a lot of money to play in the game. >> they've really restructured the auto companies. they're in much better shape than they were beforehand. >> so isn't the rest of the world in autos. they're all better, but it'll still be cyclical, becky. >> yeah. >> and when it doesn't -- it doesn't e
. >> you credit the obama administration for the auto sales for saving the auto sector? >> no. because frankly bush was the one who started to say the auto companies and was criticized for having done so. obama came in and continued it. >> i think it was two administrations working together. >> well, maybe. i'll give you that. but on the other hand, the automobile industry is vastly cyclical. none of you remember, but go back to the tesla story in the stock. you can't...
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Dec 19, 2013
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i think the bush administration and the obama administration, which have really had a continuous policy, done pretty well. draw red lines where necessary, build bridges where possible and it's got to be subtle. you hope two of our planes don't run into each other again off the coast of the china or two ships off some god forsaken rock in the south china sea. >> we'll have more with tom friedman after our short break. series had nothing to do with tapering, but i saw some disturbing stuff on the news lately and i want to ask you about that. i know it's not chemicals anymore, but it's horrible. anyway, we'll talk about that later this morning, breaking economic news, jobless claims, data's going to be released. we'll have that reaction to the numbers right ahead. ig business? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. [ male announcer ] my client gloria has a lot going on in her
i think the bush administration and the obama administration, which have really had a continuous policy, done pretty well. draw red lines where necessary, build bridges where possible and it's got to be subtle. you hope two of our planes don't run into each other again off the coast of the china or two ships off some god forsaken rock in the south china sea. >> we'll have more with tom friedman after our short break. series had nothing to do with tapering, but i saw some disturbing stuff...
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i want to bring in the cnbc contributor steve rattner and former adviser in the obama administration and talk about detro detroit. good to have you back. >> thank you. >> and some see it as a surprise and some see it as a surprise that it took so long? where are you? >> in the latter camp. ba based on my experience in the auto companies and having learned a fair amount about bankrupt bankruptcy and when i looked at detroit's numbers and the amassing liabilities and the credit and the numerous stakeholders and the kinds of stakeholders and the ideas that it will be resol nevada a negotiated way seem remote to me. >> 100,000 creditors, steven, tossed around a lot today. who is going to take the bite? who is going to take the lion's share of the bite? >> not only 100,000 credderer tos, but many of them are retirees depending upon the pensions and the health care, and current city workers may have to take a haircut as well as part of this. this is levels of i will call it austerity and cuts and levels of cut s th cuts that were not necessary in the ford and chrysler bankruptcies, because
i want to bring in the cnbc contributor steve rattner and former adviser in the obama administration and talk about detro detroit. good to have you back. >> thank you. >> and some see it as a surprise and some see it as a surprise that it took so long? where are you? >> in the latter camp. ba based on my experience in the auto companies and having learned a fair amount about bankrupt bankruptcy and when i looked at detroit's numbers and the amassing liabilities and the credit...
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republicans get accused of taking potshots at the obama administration but senator levin is a democrat retiring from the senate this year. he's lending credibility to that. so, we're going to see what both credit suisse executives and the justice department officials have to say about this this afternoon. >> already we know what they are going to say. they're going to say that management had no idea what was going on. i mean, i just think it's laughable. what did you think 22,000 americans were doing opening swiss bank accounts if it wasn't to hide money? i mean, why else -- >> reporter: simon, it was very interesting. we had a press conference yesterday that was embargoed. it was a preview of this hearing today and you had an interesting division. there were american reporters there raising questions like that, but you also had international reporters swiss journalists saying, hey, why are you picking on switzerland? you're going after an institution in our country. so, intriguing crosscurrents there and this is i suspect one of the reasons the obama administration's going to say they
republicans get accused of taking potshots at the obama administration but senator levin is a democrat retiring from the senate this year. he's lending credibility to that. so, we're going to see what both credit suisse executives and the justice department officials have to say about this this afternoon. >> already we know what they are going to say. they're going to say that management had no idea what was going on. i mean, i just think it's laughable. what did you think 22,000...
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as tax the administration on the obama care. >> it's not just the implementation of the obama care and employer mandate. it's three distinct pieces of legislation or issues when it comes to immigration in general. it's the illegals that are here, it's the legal immigration and border patrol and protection. what they need to do is separate those. they can pass those, recraft the legal immigration policy. the only reason they've grouped these together is to try to hide amnesty behind it. >> part of the reason there's a com comprehensive bill in the senate, the house is trying to split immigration. i wonder, can anything but a comprehensive bill pass this congress? >> what do you mean, that's the only reason it can pass the senate. it's because they are saying they want comprehensive immigration reform, to my point, to hide amnesty. >> well, look, past the legalization that was part of that senate bill is going to be part of a house bill. the republicans are very resistant to having a path to legalization. to get anything through a democratic senate, you're going to have to have legalizat
as tax the administration on the obama care. >> it's not just the implementation of the obama care and employer mandate. it's three distinct pieces of legislation or issues when it comes to immigration in general. it's the illegals that are here, it's the legal immigration and border patrol and protection. what they need to do is separate those. they can pass those, recraft the legal immigration policy. the only reason they've grouped these together is to try to hide amnesty behind it....
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that after the obama administration overturned an international trade ruling that said some sales of its older products should be banned because they infringe a samsung patent. facebook also working. that after the social network closed above its ipo price of $38 last week. analysts at piper jaffray, they raised their price target to $46 from $38. among earnings today, tyson foods rallying. after the meat processor beat expectations. the company also sees 2014 sales above average analysts' forecasts. wheren buffett's berkshire hathaway edging higher, posting second quarter profits that jumped 46%. at least three brokerages lifting their price targets on this one, including barclays and kbw. some names also in the red, though. the cboe. analysts at goldman say the stock looks fairly valued after the latest quarterly report, downgrade that stock to neutral. scott, back to you. >> josh, thank you so much. josh lipton. looking for growth? check out the latest numbers from the semiconductor industry association. chip sales soaring in june up more than 10% in the americas, and if you look
that after the obama administration overturned an international trade ruling that said some sales of its older products should be banned because they infringe a samsung patent. facebook also working. that after the social network closed above its ipo price of $38 last week. analysts at piper jaffray, they raised their price target to $46 from $38. among earnings today, tyson foods rallying. after the meat processor beat expectations. the company also sees 2014 sales above average analysts'...
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meanwhile obama care has nothing to do with growing the chicago either. and now the front pages are starting to fill up with the disastrous truth about the program .computer glitches are due to the administration's deliberately being secretive, stone walling, opaque so as to hide price sticker shock. no one's been fired yet and team obama keeps assuring us all is well, but it's not. meanwhile all appears to be well on wall street. that's a good contrast. the record high for the s&p 500 today. en investors shift their focus from washington to profits and rock bottom interest rates as far as the eye can see. all those stories and much more coming up on the kudlow report beginning right now. we're live here 7:00 p.m. hee eastern, tonight story, the partial government shutdown is over. president obama signed into law a deal approved by congress to reopen the federal government and provide a temporary debt ceiling hike. averting by the way a potential treasury default. but president obama's speech today unveiled his strategy. no good. raise taxes, spend more,
meanwhile obama care has nothing to do with growing the chicago either. and now the front pages are starting to fill up with the disastrous truth about the program .computer glitches are due to the administration's deliberately being secretive, stone walling, opaque so as to hide price sticker shock. no one's been fired yet and team obama keeps assuring us all is well, but it's not. meanwhile all appears to be well on wall street. that's a good contrast. the record high for the s&p 500...
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certainly that's how the administration interpreted that. president obama said yesterday he's pausing to reflect on what he's done so far, so i think there is some hope that having made his point in the crimea, that vladimir putin may not go further and may look for defuse this crisis. that's the opportunity that john kerry is trying to make rear. >> john heart wid, thank you ever so much. >>> many thanks to john as always. >>> so will the threat of economic sanctions, asset seizures, from the president and secretary kerry enough to make russia pull out of crimea? here now is nbc news analyst michael mcfall who just days ago departed as u.s. ambassador to russia to return to stanford university. also with us john herbs herbst. and gentlemen, thank you very much. paul, let me just ask you -- is putin softening his position? because -- because i don't believe putin wants to be booted out of the g-8, and i don't believe putin wants to be subject to oleo gashal seeshies bans, and other things that would embarrass him? >> i think he's keeping his
certainly that's how the administration interpreted that. president obama said yesterday he's pausing to reflect on what he's done so far, so i think there is some hope that having made his point in the crimea, that vladimir putin may not go further and may look for defuse this crisis. that's the opportunity that john kerry is trying to make rear. >> john heart wid, thank you ever so much. >>> many thanks to john as always. >>> so will the threat of economic sanctions,...
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all the evidence that the industry has produced now confirmed by department of energy study in the obama administration really sets the stage i think for an increase, not a decrease in natural resource production which can only be good, to your point, for prosperity. >> right. that's what it really is. the great energy revolution. just one more thing, john. it actually -- correct me if i'm wrong, but it was a private company for the first time that worked with the d.o.e. and they put this flag on it or whatever it is on the fluid and watched it go down. they've done it private. and that the fluids go down so deep they're nowhere anywhere the drinking water, they're a mile away. >> there's a mile of separation. as is the case in most of the geologic form aigsz they're so deep in the earth and there are so many lairs of impermeable rock that as long as you have a closed system engineered well and you do it right the chances of a mistake are always present. but the likelihood of a mistake is very rare. and so this is good news all around for domestic natural resource production. >> all righ
all the evidence that the industry has produced now confirmed by department of energy study in the obama administration really sets the stage i think for an increase, not a decrease in natural resource production which can only be good, to your point, for prosperity. >> right. that's what it really is. the great energy revolution. just one more thing, john. it actually -- correct me if i'm wrong, but it was a private company for the first time that worked with the d.o.e. and they put this...
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they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been p
they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top...